Hilton shares jumped on a report that the company could spin off its hotel properties into a real estate investment trust in 2016. The stock spiked as high as 10 percent after the Dow Jones report before dropping back down around 5 percent.

Bank of America increased its prime rate to 3.5 percent from 3.25 percent after the Federal Reserve's rate hike announcement. The Fed decided to raise rates by 25 basis points on Wednesday, prompting Citibank and M&T Bank among others, to also make the same move.